What would be the answer for this? Thanks

1 points You are provided with the following balances from the accounting records of Korma Led for the year ended 30 june 2021: 2021 2020 Inventory 5 000 000 4 200 000 Allowance for obsolete inventory 10 000 10 000 Profit before tax 1 935 000 2 150 000 Tax Expense (309%) 485 000 550 000 Profit for the year 1 450 000 1 600 000 Additional information: The company has maintained its allowance for obsolete inventory at $10 000 over the past few years based on the identification of slow-moving inventory items, In 2021, a physical inspection of inventory revealed that certain inventory items, which previously had sold quickly, had not been selling as expected due to a combination of operational factors and changes in demand due to COVID-19. The Warehouse Manager has estimated that the value of these slow-moving items is approximately $50 000. The Financial Accountant has proposed that the Allowance for obsolete inventory be increased to more accurately reflect the net realisable value of inventory. Required: Use the information above to answer the following questions: Assuming Korma Led decides to increase its allowance from $10 000 to $50 000, indicate whether this would constitute a change in accounting policy or a change in accounting estimate. Provide an explanation for your answer. T T TT Paragraph * Arial v 3 (12pt) GINA X D D Q . SEE SS TT, 0 6 1 1 - - - " MacBook Air